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House Price Crash Forum


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Everything posted by TheCountOfNowhere

  1. The general population dont see anything amiss with this. Interest rates will shoot up and the £ is collapsing/inflation is 30% There is no point sugar coating this, GET YOUR ****ING MONEY OUT THE BANK AND INTO SOMETHING THAT WILL RETAIN VALUE. If people think that's housing which are at all time unaffordable levels supported by 0% IRs then that's their call. Like anything you'd be mad to put all your egss in one basket
  2. Ex-banker takes a retail brand into the BTL/BTR market at the peak of an enormous housing bubble and you see that as a positive thing. It seems to me: 1) Bankers are all leading various companies that should have nothing to do with renting out houses into propping up the housing bubble and therefor pricing it's tenants out of home ownership 2) You will own nothing and you won be at all happy.
  3. https://www.independent.co.uk/money/mortgage-interest-rates-rise-fix-variable-cheap-remortgage-b1949708.html "Figures show the Office for Budget Responsibility – the public body responsible for ensuring independent economic forecasting and analysis of the public purse – expects the interest rate on UK mortgages to hit 14.8 per cent by the second quarter of 2023." Dont they mean 1.48% If that comes to pass, it's brown pants time for millions of idiots.
  4. https://www.bigissue.com/news/activism/million-mask-march-police-warn-violence-london-protest/ How long before the young people really turn on the establishment? Best thing they can do is get political and get a dozen young mps in parliament and try and shake things up a bit
  5. The comments are brilliant. People are getting it now. When people lose all confidence in the central banks and currency all hell can break loose. Its like the bbc House price articles now, when the allow comments, everyone is slating the rises.
  6. End of 2019 the FED had to start shovelling vast sums of money into the "repo". 2 weeks later the CV19 stuff started. Im not one for conspiracy theories but that is some lucky coincidence. Roll on 18 months, the rich are trillions better off, the markets at new highs and house prices at insane levels around the world. This is "very unusual". Now they wheel out this new green economy. I am starting to think this new green economy is being invested so the parasitic banking class have something to lend on because the housing market is well and truly dead.
  7. Warlord, I came to the conclusion some time ago...they simply do not give a f**k and will happily collapse the £. The real people in charge own land/houses/business no matter what, they keep their wealth. See post above. The only thing that will stop them now is civil unrest but the British people are so compliant and/or up to their necks in the ponzi scam there is no appetite to do this, no understanding that is going on, so collapse, IMHO, is nailed on.
  8. Nothing to see here, move along They're literally running a ponzi scam, it's f****** insane.
  9. BOE confrims it "won't ever have to act" to curb inflation That's the reality. They British establishment are the biggest #### in history, they've seen millions die in wars, famines, invasions, just to line their pockets and/or maintain their position. They can convince adults to go out and die to maintain their position. Robbing 30,000,000 'British' people of a % of their earnings/savings or selling them a massively overpriced slave box which they'll need to spent 40 years working for, paying them 50% of their earnings in tax as they go, is not something I expect these evil ####s would think twice about.
  10. The people pulling the strings must be the old financiers and the landed gentry, there is no one else Some democracy we have
  11. Since 2000, there's not really been a good time to buy. Gold/bitcoin/shares were where the sensible money went, while property festered with below inflation returns. Cant tell a troll that tho.
  12. I'm quite touched by the support, so thanks SG. I think you've summed it up well there. Overpriced sh*te I call it.
  13. Cheers Tep1, I'll keep PL index running now until RM goes under
  14. Thanks Pmax, I just wish I could bring people better news but at least it looks like the market has turned in some areas, if volume surges with no buyers it could see some substantial falls, fingers crossed. Alas, it's too late for me, I have too much to lose if the £ collapses so I'm going with Plan A in the new year and buying something. I cant believe where we are it.
  15. Thanks for the comment. I appreciate it. I've said the main thing I am taking from this is that fact the housing market is on it's knees. At some point they'll need prices to correct ( nominally or in real terms, I have no idea which ) to get it moving again. Purpble Bricks share price collapse today says to me I am right, I've been thinking about shorting rightmove for a while based on UKPL findings and I am going to do that tomorrow once my trading account allows me to.
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